Russia Is Single-Handedly Standing Against The West: Putin

Germany Accelerates Kamikaze Drone Stockpiling With Rheinmetall Deal Germany's parliament has approved a sizeable contract for defense giant Rheinmetall to supply loitering munitions, or kamikaze drones, to the Bundeswehr, underscoring just how quickly European militaries are internalizing drone warfare lessons from both the Russia-Ukraine war and, more recently, the U.S.-Iran conflict. Berlin's latest procurement push makes it clear that one-way attack drones are becoming a serious threat, and the race to stockpile them has begun. Bloomberg reports that the budget committee of the Bundestag approved the Defense Ministry's proposal for an...

As government lurches from one crisis to another, people demand the government fix the problems it causes. Maybe we need to rethink the “government to the rescue” myth.

UBS Discusses Next Maritime Chokepoint Investors Should Watch A lot of attention has centered on the Strait of Hormuz since the waterway was effectively shut not only by the IRGC drone threat, but mostly because maritime insurers are withdrawing war-risk coverage across the region. Our focus now shifts to the other critical maritime chokepoints. If Washington can pressure Iranian oil flows and, by extension, curb China's cheap Gulf crude flows, then the Taiwan Strait and South China Sea also emerge as potential flashpoints that traders can no longer afford to...